The Impactful Leadership Show

The Role of the Leader - Farooq Cheema - The Impactful Leadership Show - Episode # 026

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Before a leader can extract the best from their team, they need to understand themselves and how to get the best from themselves. Farooq Cheema is an active investor in small and medium-sized businesses with a portfolio of 15 companies. He holds five process-oriented patents and loves growing businesses. Farooq shares what the role of a leader really is, how to build a strong team, and how leadership impacts investments in a company. 

 

Takeaways: 

  • Many leaders fall into the pitfalls of either bossing people around or not being able to make tough decisions because they are trying to please everyone. 
  • Leaders need to stay clear of getting mired in avoidance when it comes to making tough decisions. If you are aware of a problem, you need to take care of it when it arises.
  • A leader’s job is to get the best out of those around them and if you are unable to get the best out of someone, don’t hold them back. You need to let them go to where they give their best and excel.
  • Leadership starts by leading yourself first. You need to start off by knowing yourself and how you handle hard times. This helps you relate to your team members when they are going through a similar situation. 
  • When you recognize that you are deeply not happy with your work, you need to make that extremely tough decision to move on to where you can excel and feel happier.
  • As a leader, you need your mission to be successful and the only way for the mission to be successful is if your team members are successful. 
  • If your team is just taking orders from you, they won’t feel connected. You will also face challenges when it comes to building a resilient organization because your team hasn’t been allowed to make mistakes, learn from them, and take ownership of their work.

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    Quote of the Show:

    • “The role of a leader should be to extract the best out of somebody and sometimes the best out of somebody is not with you” - Farooq Cheema

     

    Links:

    • LinkedIn: https://www.linkedin.com/in/farooqcheema/ 
  • Email: [email protected]

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    Ways to Tune In:

    • Amazon Music: https://music.amazon.com/podcasts/b9436ea0-3e54-4c2d-a555-43e6ac890787
  • Apple Podcast: https://podcasts.apple.com/us/podcast/the-impactful-leadership-show/id1608566236
  • Spotify: https://open.spotify.com/show/39cdJjxlfGrGXreE7r8OBm
  • Google Podcast: https://podcasts.google.com/feed/aHR0cHM6Ly9mZWVkLnBvZGJlYW4uY29tL2ltcGFjdGZ1bGxlYWRlcnNoaXAvZmVlZC54bWw
  • iHeartRadio: https://iheart.com/podcast/95281596
  • PlayerFM: https://player.fm/series/3352055
  • YouTube: https://youtu.be/hIV2aE7XEcU

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    The Impactful Leadership Show is sponsored by the DC Chapter of the Entrepreneurs’ Organization. Learn more at https://www.eodcnetwork.org/home 

     

    The Impactful Leadership Show is produced by Ringmaster, on a mission to create connections through B2B podcasts. Learn more at https://ringmaster.com/ 

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